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Technology Stocks : Corel Corp.

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To: Vanni Resta who wrote (1858)9/8/1997 11:50:00 AM
From: Alomex   of 9798
 
<< Could be a great opportunity to bail out of this dog. >>

Companies are not dogs. Investors are dogs.

Say, if you bought Netscape at $85, it sure looks like a dog. On the other hand, if you bought it IPO price of $9 per share, it's a four bagger posting rapidly increasing earnings.

Same with Corel, if you were stupid enough to buy at $15, I can understand why you are so sore.

Me? In May I called bottom at $5 in this forum. If you had bought then and sold at $7 in July you would have made 40% in two months, or over 200% annualized rate of return.

Get me a pack of these dogs, and I'll retire by christmas next year....
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